October 25, 2020  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

Selling a Company

 

Selling a Roofing Consultants Business

A good business is about more than dollars and sense. To make your roofing consultants business what it is today, you've had to fully invest yourself in its success. But the hard work isn't done yet. Before you can make a graceful exit, you will have to invest yourself in your business sale.

It takes dedication to sell a roofing consultants business under the best of circumstances. In the current market, you'll need to redouble your efforts and get serious about convincing prospects that your company is a good investment.
(article continues below)

If you're looking for a reason to wait to put your business on the market, you'll find it. Selling a roofing consultants business isn't easy, but we believe sellers can achieve their goals in any economic environment.

Buyer Identification

It's difficult to predict where the buyer of your roofing consultants business will come from. Avoid pigeon-holing your search to a single buyer category. That means listing your roofing consultants business in trade-specific directories as well as general business-for-sale databases. networking may also prove to be a valuable resource for identifying prospective buyers, but only to the extent that it can be done discreetly.

Legal Considerations

It's obvious that you're going to need to hire an attorney to finalize the sale of your roofing consultants business. A good lawyer serves a variety of functions during the process. In addition to reviewing the letter of intent, sales contract, and other documents, your attorney should be capable of advising you about due diligence and the tax consequences of the sale. In some cases, an attorney may also provide assistance in securing long-term leases or vendor contracts to make your roofing consultants business more attractive to buyers. If you don't know an attorney with experience in the business-for-sale market, ask your broker for a referral.

Understanding Market Timing

Now may be the best time to sell a roofing consultants business. Although the economy is generally struggling, low interest rates make roofing consultants businesses more attractive to entrepreneurs who want to get in the game. As the interest rates rise, it will be more difficult for buyers to make the numbers work in their favor. Market conditions can be intimidating. But your larger concern should be whether or not your business is ready to be presented to qualified sale prospects.

More Info on Business Transitions and Related Articles

Ready to learn more? You may find these additional resources to be of interest.

Role of Location In Selling a Business

Marketing a Roofing Consultants Business

Family Business Exit Plans


Conversation Board

Do you have any more tips on how to sell a roofing consultants business? If so, submit your comments and suggestions so other entrepreneurs can learn from your experience.


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Need Information on Starting a Roofing Consultants Business?

If starting a roofing consultants business is on your agenda, these helpul resources may be just what you've been looking for:

Opening a Roofing Consultants Business

Do You Market Products or Services to Roofing Consultants Businesses?

If you consider roofing consultants businesses to be sales prospects, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Roofing Consultants Businesses

Mailing Lists for Roofing Consultants Businesses

More Guides on Selling a Business

If you are looking for exit plan advice for a different kind of business, try our list of exit planning guides below.

Browse more niche exit planning guides:

 

 

 

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary